Coinbase Targeting Stablecoin Growth, Onchain Adoption in 2026: Brian Armstrong

Core Insights - Coinbase aims to scale its stablecoin offerings and enhance onchain adoption globally by 2026, with a goal to become the "1 financial app in the world" [1] - Major investments will be made in automation and product quality, leveraging the Ethereum layer-2 network Base to facilitate onchain integration [2] - Regulatory clarity and institutional adoption are converging, with spot crypto ETFs, stablecoins, and tokenization expected to drive growth and adoption in 2026 [2] Financial Performance - Coinbase reported a 26% quarter-on-quarter increase in revenue for Q3, reaching $1.9 billion, exceeding expectations [2] Strategic Developments - The exchange is considering launching a native token for Base, although no timeline has been established for this potential launch [3] - Industry commentators suggest that while Coinbase's goals are directionally sound, they may overstate near-term feasibility, emphasizing the need to solve real problems for true adoption [4][5]